Bosch plans $130M expansion, 400 new jobs in Lincolnton

URLhttps://www.wfdd.org/story/bosch-plans-130m-expans
Sourcewfdd.org
Date Published06/03/2023

Additional Reshoring Information:

Company/Division name Bosch
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):400
Year reshoring announced:2023
Domestically, the work will be done:In-house
Capital investment ($):130
Country(ies) from which reshored:Germany
City reshored to:Lincolnton
State(s) reshored to:NC
If relevant, work nearshored to:-
Industry(ies):Machinery
Product(s) reshoredpower tool accessories
What domestic positive factors made reshoring more attractive?Government Incentives
Government Incentive dollar amount:$2.7 million
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